U.S. Government now holds more Bitcoin than China and the UK

Key Takeaways

  • The U.S. government now holds more Bitcoin than China and the UK, with about 198,000 BTC worth over $20 billion.
  • China holds around 190,000 BTC, the UK about 61,000 BTC, and with U.S. holdings included, the three countries together control about 2.1% of all Bitcoin.

The United States now holds about 198,000 Bitcoin worth over $20 billion, surpassing China’s 190,000 BTC and the UK’s 61,000 BTC.

Combined, the three governments control around 449,000 BTC, equal to roughly 2.1% of Bitcoin’s total supply.

Most of the U.S. holdings stem from seizures tied to illicit activities, and under President Donald Trump, proposals have emerged to establish a national Bitcoin stockpile to cement U.S. dominance in the crypto market.

Source: https://cryptobriefing.com/us-government-bitcoin-holdings-surpass-china-uk/